Crypto Price Today: Bitcoin holds $28,000; Dogecoin, Polygon, Shiba Inu drop up to 5%
Crypto Price Today: Bitcoin holds $28,000; Dogecoin, Polygon, Shiba Inu drop up to 5%
Bitcoin dropped about 2 per cent but held above the $28,000 mark, while Its largest peer, Ethereum, slipped below the $1,900 level.
Pawan Kumar Nahar
- Apr 6, 2023,
- Updated Apr 6, 2023 10:34 AM IST
Bitcoin and other crypto tokens saw some profit booking on Thursday after a strong rise in the last few sessions. as investors ponder multiple signs of economic contraction and potential aftershocks of the recent banking crisis.
Mina Protocol(MINA) is a blockchain that has been designed to reduce computational demands and increase efficiency in running decentralized applications (DApps). It achieves this by being minimal and succinct in its structure. Additionally, it balances security and decentralization, making it a reliable and secure option for building DApps.
Advertisement
MINA surged by over 280% since the start of the year, making a year-to-date high of $1.72. On the daily time frame, the trend for MINA can be seen retesting the breakout levels. The Relative Strength Index(RSI) is currently at a healthy level of 55. Strong resistance is expected at the $1.43 level and immediate support is expected at the $0.97 level.(Views and recommendations given in this section are the analysts' own and do not represent those of Business Today. Please consult your financial adviser before taking any position in the asset/s mentioned.)
Also read: Vedanta shares rise as stock goes ex-dividend. Dividend history, payment date & more
Bitcoin and other crypto tokens saw some profit booking on Thursday after a strong rise in the last few sessions. as investors ponder multiple signs of economic contraction and potential aftershocks of the recent banking crisis.
Mina Protocol(MINA) is a blockchain that has been designed to reduce computational demands and increase efficiency in running decentralized applications (DApps). It achieves this by being minimal and succinct in its structure. Additionally, it balances security and decentralization, making it a reliable and secure option for building DApps.
Advertisement
MINA surged by over 280% since the start of the year, making a year-to-date high of $1.72. On the daily time frame, the trend for MINA can be seen retesting the breakout levels. The Relative Strength Index(RSI) is currently at a healthy level of 55. Strong resistance is expected at the $1.43 level and immediate support is expected at the $0.97 level.(Views and recommendations given in this section are the analysts' own and do not represent those of Business Today. Please consult your financial adviser before taking any position in the asset/s mentioned.)
Also read: Vedanta shares rise as stock goes ex-dividend. Dividend history, payment date & more
Read more!